Partnership Tax

Tax can be a very complex subject, so unless your tax affairs are very straight forward it is almost always better to seek advice from a professional than attempt to complete your own partnership tax return.

Some of the benefits of using neal ford to handle your tax affairs are:

  • Peace of mind. By using professionals you know that your tax calculations will be correct and accurate.
  • Investigations. You are less likely to be investigated by HMRC if you use an advisor, as HMRC have ways of knowing if figures submitted on a return are likely to be incorrect. This is a common trigger for a tax investigation.
  • Save time. In most cases it will take you a lot longer to complete your own partnership tax return than it would for an advisor. This time could be better spent running your business.
  • Claiming everything you’re entitled to claim. It is a very rare occasion that we take on a new client and are not able to find areas to reduce the tax owed. This is usually in the form of under declared expenses. Most business owners are not aware of all the different types of expenditure that can be claimed and how best to claim them, which is where we come in.